Communities in flood-prone areas, particularly in Louisiana, Mississippi, Alabama, Texas, and Florida, face significant risks from hurricanes and flooding. Without proper flood insurance, homeowners and associations may encounter substantial financial burdens after a storm. Named-storm deductibles, often ranging from 1% to 10% of insured value, can lead to high out-of-pocket costs for associations. Boards and homeowners who fail to secure adequate coverage may struggle to recover from storm-related damages, especially in coastal regions where these events are more frequent. Understanding policy exclusions and deductibles is crucial to avoid unexpected financial strain.